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February 12, 2013
Native corporation to drill Alaska oil well
FAIRBANKS, Alaska (AP) — A Fairbanks-based Alaska Native corporation is in the process of extending a road in the Nenana Basin to reach a planned drill site they hope taps into crude oil reserves.
The well will be drilled on state land and named Nunivak No. 2. Crews will drill down about 12,000 feet in search of oil. Drilling is expected to begin in mid-June, The Fairbanks Daily News-Miner reported.
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